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6006 S Western Ave 5,700 SF 100% Leased Office Building Los Angeles, CA 90047 $3,241,590 CAD ($568.70 CAD/SF) 9.91% Cap Rate



INVESTMENT HIGHLIGHTS
- Two contiguous parcels totaling approx. 14,401 SF of land
- Zoned: Commercial Manufacturing – suitable for a variety of uses
- Lease renewed through 2030, ensuring consistent cash flow
- 5700 SF industrial building with flexible multi-tenant potential
- Stable, mission-driven nonprofit tenant in occupancy since 2019
- Conveniently located near major freeways, public transit, and central Los Angeles hubs
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a two-parcel industrial property located along the highly visible Western Avenue corridor in Los Angeles. Zoned Commercial Manufacturing (Multi-Tenant), this well-maintained asset sits on approximately 14,401 sq. ft. of land and features a 5700 sq. ft. single-story divided between two buildings, offering stable income and long-term investment security.
Current Tenancy:The property is fully occupied by a reputable nonprofit organization.
The Tenant has demonstrated strong occupancy history, having been in place since 2019, and recently renewed its lease for an additional five (5) years commencing October 1, 2025, extending through September 30, 2030. This long-term lease renewal underscores the tenant’s commitment to the location and provides reliable, ongoing income for the next investor.
Tenant Profile:
Fair Opportunity for Change, Inc. is a nonprofit 501(c)(3) organization that has been proudly serving South Los Angeles since 2012. Our mission is to provide safe, stable interim housing and comprehensive supportive services to individuals experiencing homelessness, with a focus on dignity, empowerment, and long-term stability. Our primary funding and referrals come from the County of Los Angeles. Through this partnership, we provide essential services that meet both the immediate and long-term needs of our clients. This location has the capacity to serve up to 45 clients at a time. We maintain a dedicated team of approximately 10–12 staff members on site at any given time. Our multidisciplinary staff includes case managers and support staff, ensuring that clients receive both personalized care and professional support. Key elements of our daily operations include providing three nutritious meals a day, maintaining a clean and safe living environment, delivering case management and supportive services, and offering referrals to additional community-based resources. Our staff also assists clients in working toward permanent housing, employment readiness, and improved overall well-being.
Current Tenancy:The property is fully occupied by a reputable nonprofit organization.
The Tenant has demonstrated strong occupancy history, having been in place since 2019, and recently renewed its lease for an additional five (5) years commencing October 1, 2025, extending through September 30, 2030. This long-term lease renewal underscores the tenant’s commitment to the location and provides reliable, ongoing income for the next investor.
Tenant Profile:
Fair Opportunity for Change, Inc. is a nonprofit 501(c)(3) organization that has been proudly serving South Los Angeles since 2012. Our mission is to provide safe, stable interim housing and comprehensive supportive services to individuals experiencing homelessness, with a focus on dignity, empowerment, and long-term stability. Our primary funding and referrals come from the County of Los Angeles. Through this partnership, we provide essential services that meet both the immediate and long-term needs of our clients. This location has the capacity to serve up to 45 clients at a time. We maintain a dedicated team of approximately 10–12 staff members on site at any given time. Our multidisciplinary staff includes case managers and support staff, ensuring that clients receive both personalized care and professional support. Key elements of our daily operations include providing three nutritious meals a day, maintaining a clean and safe living environment, delivering case management and supportive services, and offering referrals to additional community-based resources. Our staff also assists clients in working toward permanent housing, employment readiness, and improved overall well-being.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,700 SF
Building Class
B
Year Built/Renovated
1924/2020
Price
$3,241,590 CAD
Price Per SF
$568.70 CAD
Cap Rate
9.91%
NOI
$321,159 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,700 SF
Building FAR
0.40
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
LACM - Commercial Manufacturing
AMENITIES
- Fenced Lot
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Fair Opportunity For Change Inc
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Fair Opportunity For Change Inc | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $2,039,548 CAD (2025) | |
| Land Assessment | $1,525,210 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $514,338 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,525,210 CAD (2025)
Improvements Assessment
$514,338 CAD (2025)
Total Assessment
$2,039,548 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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6006 S Western Ave
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